Talkin’ Cubs and MLB Trade Deadline

Updated – 12:57pm CDT – According to Jim Bowden (XM Radio), Ted Lilly and Ryan Theriot have been traded to the Dodgers. No word on the return.

Who will stay? Who will go? The MLB non-waiver trade deadline is 3:00pm CDT this afternoon. Will Jim Hendry be a player? Or just stand-pat and finish the season with his poorly constructed roster?

Ted Lilly is in play, so is Ryan Theriot … and he told friends Friday he feels he will be traded at some point before the deadline. Teams have asked about Carlos Zambrano and Sean Marshall. While the rumors are flying, the Cubs have been very, very quiet.

Will Saturday have has much activity throughout the league as Thursday and Friday? Welcome to the July 31st non-waiver trade deadline.

9:39am CDT – According to Bruce Levine, the Cubs and Dodgers are in talks for Ted Lilly and Ryan Theriot. Cubs would have to send a lot of money in deal. The Dodgers like Theriot a lot and feel he would give them a much-needed back-up and experience. Cubs asking for prospects and possibly a Major League player in return … especially if Theriot is involved.

If Theriot is not traded to Dodgers in Lilly deal, could be sent to three or four other teams. As mentioned, D’Backs want James Russell in Theriot deal for Kelly Johnson.

9:48am CDT – Bruce Levine – According to Levine, the Ollie Perez/Luis Castillo for Zambrano trade was made up by the New York Media

9:50am CDT – Bruce Levine – Theriot is important part of Lilly to the Dodgers deal. If not in deal, 2 or 3 other teams are interested.

9:54am CDT – Ken Rosenthal – Mets’ offer of Perez/Castillo for Zambrano never had chance. Cubs can rebuild Z’s value final 2 months. He will not be moved today

10:06am CDT – George Ofman – Lilly deal still alive with Dodgers. It’s all about how much Cubs will pay LA – Cubs deal to D-back in their hands now. Theriot & Russell for Johnson strikes out way too much for leadoff. has 17HRs

10:09am CDT – Bruce Levine – If Lilly is not traded to Dodgers, could be sent to Yankees. NY is still interested